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South Korea’s per capita GDP forecast to surpass Japan’s

The South Korean government estimated on February 2 that the country’s GDP per capita for 2024 will exceed $36,000, a figure similar to the International Monetary Fund (IMF) forecast of $36,132 published in October last year. This is higher than the IMF’s forecast for Japan's GDP per capita of $32,859. If the economy expands as expected, South Korea’s GDP per capita could surpass $37,000 this year.

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